Oil & Gas Property in Shelby County, TX
Key data points for Reed Unit
| County | Shelby County, TX |
|---|---|
| Operator | SHERIDAN PRODUCTION CO III, LLC |
| Production Dates | Apr 2002 - Nov 2025 |
| Total Oil Production | 24,588 BBLs |
| Total Gas Production | 1,580,335 MCF |
| Recent Oil Production | 185 BBLs in Oct 2025 |
| Recent Gas Production | 2,536 MCF in Oct 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Reed Unit
ShaleAssessment™
$5,935 *
MarketMultiple™
$29,023 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Reed Unit property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Adams | Shelby County, TX | 10 BBLs | 4,073 MCF | Nov 2025 |
| Arco | Shelby County, TX | 0 BBLs | 0 MCF | Jan 2025 |
| BP Ethridge 971 | Shelby County, TX | 0 BBLs | 776 MCF | Nov 2025 |
| BP Georgetown 885 | Shelby County, TX | 0 BBLs | 2,020 MCF | Oct 2025 |
| Carlton Gas Unit | Shelby County, TX | 0 BBLs | 16 MCF | Nov 2025 |
| Case | Shelby County, TX | 0 BBLs | 2,271 MCF | Nov 2025 |
| Crawford | Shelby County, TX | 6 BBLs | 1,944 MCF | Nov 2025 |
| Franks Estate | Shelby County, TX | 10 BBLs | 7,727 MCF | Nov 2025 |
| Franks Lawrence T | Shelby County, TX | 1 BBLs | 2,342 MCF | Nov 2025 |
| Griffin | Shelby County, TX | 145 BBLs | 10,740 MCF | Nov 2025 |
| Hancock | Shelby County, TX | 0 BBLs | 0 MCF | Jul 2020 |
| Howard A | Shelby County, TX | 12 BBLs | 241 MCF | Nov 2025 |
| Jones | Shelby County, TX | 39 BBLs | 8,452 MCF | Nov 2025 |
| Oliver Unit | Shelby County, TX | 10 BBLs | 13,603 MCF | Nov 2025 |
| Pate | Shelby County, TX | 8 BBLs | 3,154 MCF | Nov 2025 |
| Polley | Shelby County, TX | 0 BBLs | 211 MCF | Nov 2025 |
| Ramsey Unit | Shelby County, TX | 37 BBLs | 5,643 MCF | Nov 2025 |
| Samford | Shelby County, TX | 12 BBLs | 1,379 MCF | Nov 2025 |
| Sickel 1 | Shelby County, TX | 0 BBLs | 0 MCF | Dec 2017 |
| Thomas Gas Unit | Shelby County, TX | 0 BBLs | 460 MCF | Nov 2025 |
These are the closest 20 companies operating near the Reed Unit property.